VP/SVP, Balance Sheet Management, Portfolio Execution Group - Portfolio Manager

at  GIC Investment

Location:Singapore, SG
Job Function: Portfolio Execution Group
Job Type: Permanent
Req ID: 15708
GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

PORTFOLIO EXECUTION GROUP (PEG)

Portfolio Execution Group encompasses multiple teams that perform a range of functional roles including trade execution, funding & liquidity management, securities financing, and applied quantitative research. This group comprises three sub-teams – Global Trading Unit (GTU), Balance Sheet Management Group (BMG), and Applied Research Unit (ARU).
Balance Sheet Management (BMG)
BMG is responsible for GIC’s Total Portfolio liquidity, funding and securities finance activities spanning global markets. We aim to optimize the value of GIC’s liquidity and public market assets and seek to preserve and enhance implementation capacity for the GIC Portfolio. We are continually striving to be world-class in terms of our talent, technology platforms, and external relationships.
The team is currently seeking a Portfolio Manager with a proven track record in FX and short-term interest rates (STIR) who is interested in developing a successful career at GIC, based in Singapore. As part of a global team of investment professionals, you will manage GIC’s total liquidity pool and currency hedging program to generate superior risk-adjusted returns while contributing to the broader development of BMG’s business platform and firm-level liquidity management capabilities.

WHAT WILL YOU DO AS PORTFOLIO MANAGER WITHIN BMG?

• Dynamically manage GIC’s liquidity portfolio and Total Portfolio currency hedges
• Identify and capitalize on global STIR and FX funding market opportunities to generate alpha
• Manage front-end interest rate and funding risks arising from BMG’s activities across global FX and money markets
• Develop BMG’s business platform to deliver sustainable portfolio outperformance and industry-leading capabilities
• Add value to BMG’s financial resource management initiatives; grow and deepen external partnerships to optimize and extract value from GIC’s balance sheet
• Generate insights and offer thought leadership on global funding and money markets

WHAT QUALIFICATIONS OR SKILLS SHOULD YOU POSSESS IN THIS ROLE?

• 7+ years of experience in FX and money markets with in-depth knowledge of relevant instruments, drivers and dynamics
• Ability to formulate investment strategies to generate P&L using cash and derivative instruments, including in cross-currency markets. Risk-taking/portfolio management experience would be highly desirable
• Excellent problem-solving and critical thinking skills, with attention to details
• Good interpersonal and communication skills; effective in building relationships to positively impact business outcomes
• Balance of creativity and discipline to navigate market opportunities within internal constructs
• Experience with projects that involve technology/systems build or significant cross-team collaboration is a plus
• Programming skills (Python, R, SQL, Tableau) and quantitative ability is not required but would be desirable